FULONGMA(SH:603686)2018-10-24 16:00Financial Performance - Net profit attributable to shareholders rose by 3.94% to CNY 199,034,505.34 for the first nine months of the year[6] - Operating revenue for the first nine months increased by 9.51% to CNY 2,483,758,170.50 compared to the same period last year[6] - Total revenue for the third quarter reached ¥875,651,329.57, an increase of 8.95% compared to ¥803,696,923.46 in the same period last year[26] - Year-to-date revenue for the first nine months was ¥2,483,758,170.50, up 9.48% from ¥2,267,994,638.94 in the previous year[26] - The total profit for the first nine months of 2018 reached approximately ¥259.20 million, an increase of 15.79% from ¥223.81 million in the same period of 2017[31] - The company reported a net profit of ¥5,998,779.97 for the third quarter, significantly higher than ¥2,128,712.95 in the previous year[27] Assets and Liabilities - Total assets increased by 3.03% to CNY 3,977,658,628.28 compared to the end of the previous year[6] - The total assets of the company increased from RMB 3.861 billion to RMB 3.978 billion[19] - The total liabilities decreased from RMB 1.603 billion to RMB 1.544 billion[20] - The company's total liabilities decreased to ¥1,398,428,946.21 from ¥1,507,534,891.23, indicating a reduction of 7.25%[24] - The company's cash and cash equivalents decreased by 49.18% to CNY 805,225,069.98 compared to the beginning of the year[10] - The company's cash and cash equivalents decreased from RMB 1.584 billion at the beginning of the year to RMB 805.23 million at the end of the reporting period[18] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -620,859,685.05, compared to CNY -307,812,467.52 in the previous year[6] - Net cash flow from operating activities was -¥620,859,685.05, worsening from -¥307,812,467.52 year-over-year[36] - Cash inflow from sales of goods and services reached ¥1,929,426,316.23, an increase of 12.14% compared to ¥1,720,323,366.57 in the same period last year[35] - Investment activities generated a net cash flow of ¥552,027,694.76, a significant improvement from -¥14,506,637.83 in the previous year[36] - Cash inflow from investment activities was ¥1,283,765,043.66, compared to ¥425,467,446.36 in the previous year, marking a 201.73% increase[36] Shareholder Information - The number of shareholders reached 19,474 by the end of the reporting period[8] - The company's retained earnings increased from RMB 729.81 million to RMB 849.61 million[20] - Shareholders' equity increased to ¥2,326,878,775.81, up from ¥2,159,698,837.72, marking a growth of 7.73%[24] Research and Development - Research and development expenses for the third quarter were ¥19,761,337.67, compared to ¥16,403,428.76 in the same period last year, reflecting a growth of 22.8%[27] - Research and development expenses for Q3 2018 were approximately ¥19.76 million, an increase of 20.66% compared to ¥16.40 million in Q3 2017[31] Contracts and Projects - The annualized contract amount for the sanitation service projects won during the reporting period is RMB 83.95 million, with a total contract amount of RMB 1.134 billion[13] - As of the report date, the company has a total annualized contract amount of RMB 1.48 billion for sanitation service projects, with a total contract amount of RMB 14.083 billion[13] - The company received approval for the construction of the Liuzhi District waste incineration power generation project, which includes requirements for environmental impact assessments and planning permits[16] Future Plans - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[35]